Squirro and Synpulse Management Consulting (Synpulse), today announced a global partnership that will enable financial services companies to harness data, their most important, underutilized asset. The partnership combines Synpulse financial expertise with Squirro’s artificial intelligence-enabled data analytics capabilities. The partnership aim is to drive superior business performance for banking and insurance companies, giving them capability to take advantage of rich data-driven insights, which allows them to better understand and provide superior services to their customers.

Data is generated at an unprecedented pace in the 21st century, but the goal is not simply to accumulate data, the goal is to turn data into meaningful actionable insights. Currently only 5% of data available is used for decision making. The 95% of data available but not touched represents the most valuable underutilized asset class in any company today. Synpulse and Squirro have partnered to provide financial services companies a unified solution that uses highly relevant data and is delivered in the form of timely, actionable insights. The result is data that provides corporate value.

“Our partnership with Synpulse is a fantastic development for our financial services clients. Their expertise in banking and insurance allows clients in financial services to fully leverage the power of our technology – quickly and efficiently. They have proven to be a powerful partner.”

Dr. Dorian Selz CEO, Squirro

The partnership has solidified quickly. Synpulse has a trained, assembled consulting force in the United States, Europe and APAC and is currently crafting Squirro-based solutions with their clients. As some of the most data rich companies, banks and insurers are already reaping the benefits of taking data aggregation and visualization to the next level.

“We are thrilled to offer ‘insight’ tools that provide customization for each individual client, giving them not just what they want, but what they did not even know was possible! Squirro solutions allows our bank and insurance clients unprecedented insights and solves their most pressing business challenges”.

Mathias HausherrManaging Director, Synpulse U.S.

Synpulse and Squirro are moving quickly, addressing the most pressing pain points of the financial services industry, such as disintegrated data sources, unstructured data, and legacy environments. Use cases include: event driven portfolio management, 360-degree client views, and service insights.

About Squirro

Squirro is a cognitive insights company, with an advanced context intelligence & insights solution. Their cognitive technology enables organizations to unlock the hidden value within their data. Squirro works with global data-driven organizations, predominately in financial services and telecom, and excels in automatically detecting insights from mostly unstructured data. Squirro’s cognitive technology is deployed by leading global banks, law-enforcement agencies, and other commercial businesses where data can identify risk, increase provided services, and unlock customer insights which enable companies to make valuable business decisions that keep them competitive. The company is based in Zurich, with offices in Munich, Barcelona, London, and New York.

Synpulse Management Consulting is a globally recognized management consulting company serving many of the world’s largest financial services providers for over two decades. Synpulse is known for their in-depth knowledge of banking and insurance. Synpulse takes an entrepreneurial approach to solving their clients’ most challenging goals by finding and implementing innovative, tech-driven technologies with speed and efficiency. What distinguishes their work is the passion and deep commitment they bring in finding solutions for their clients. The company has offices in Zurich, Geneva, Hamburg, Frankfurt, London, Singapore, Hong Kong, and New York.